Real estate fund managers were among the myriad private fund advisers affected by changes to the SEC’s registration requirements under the Dodd-Frank Act in 2011. In the lead-up to the Dodd-Frank registration deadline in March 2012, and for many months thereafter, newly-registered fund managers faced numerous challenges when confronted with the reality of implementing an

Schulte Roth & Zabel has partnered with Private Equity International to release Fund Formation and Incentives Report, a research study of senior private equity managers. The report provides an analysis of the issues affecting general partner operations, such as waterfall structures, key man clauses, compensation and recruitment. Based on an online survey and in-depth

The Foreign Account Tax Compliance Act (“FATCA”) generally imposes registration, due diligence, withholding and reporting obligations on certain investment funds and investment fund managers. Under the U.S. Treasury regulations, foreign financial institutions (“FFIs”), including investment funds and investment managers that are organized outside of the U.S., would be required to register and enter into an

The November 2012 issue of Financier Worldwide Magazine included a discussion on Alternative Investment Fund Managers Directive compliance. The discussion highlighted the background on key political arguments that led to the drafting of the AIFM Directive, provisions of the Directive considered most controversial, what steps fund managers should take to prepare for compliance and the